GBPAUD seems to be in a Bullish Trend, and you're focusing on potential buying opportunities. Here are three strategies you're considering: Type2 Bullish Fib-3 Bat (1-hourly chart) : This setup aligns within the support level of the 4-hourly chart at 1.9053, providing an initial buying opportunity. Bullish Deep Gartley Pattern (4-hourly chart) : Should the...
Similarly to around the same time last year when USDJPY was at these levels, it had developed a 3 Line Strike at the PCZ of a Bearish Harmonic, and if it goes like last year, this will result in at least a few months of downside on this pairing. There is also some Bearish Divergence formed on the RSI at this level. Additionally, there is a much bigger Macro...
BAT looking good for a long. Weekly Timeframe so higher than usual SL & the Targets are very juicy!
Hi dear friends, hope you are well and welcome to the new trade setup of Harmony (ONE) coin with US Dollar pair. Previously we caught more than 80% pump of ONE as below: Now on a 4-hr time frame, ONE has completed a bullish BAT setup for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Last week, I issued a warning: "it's not a good idea to short the USDJPY!" Despite months of anticipation, the bull run on USD is not yet complete. If you're still waiting for a shorting opportunity, keep an eye on the 4-hourly chart for the development of the bearish shark pattern—a potential entry point for this counter-trend trade. Now, let's discuss trade...
GBPUSD currently exhibits a Weaker Bullish Trend on the weekly chart, introducing interesting dynamics. On the 1-hourly chart, a bearish shark pattern emerges, presenting a counter-trend trading setup. Simultaneously, the 4-hourly chart showcases a bullish bat pattern within the buy zone. My preference in this scenario is clear—I favor the bullish bat pattern on...
EURUSD is currently navigating a weaker bullish trend on the weekly chart, adding an interesting layer to the market dynamics. On the daily chart, a bearish flag pattern setup unfolds, creating an intriguing scenario. Furthermore, the 1-hourly chart reveals a bullish bat pattern, while the 4-hourly chart showcases a bearish bat pattern. In the week ahead, I'm...
I've identified a Bat Pattern retest on the NZDJPY, representing a counter-trend trading setup. This trade is categorized as a combo trade due to the presence of a bearish shark pattern retest on the weekly chart. In this instance, I've opted for an aggressive approach , meaning I'm engaging in the trade before waiting for candlestick confirmation. The...
In this trade, I'm taking a counter-trend approach, spiced up with a touch of adventure on my second target. The convergence of the Fib-3 Bat Pattern with the Deep Gartley Pattern setup is a remarkable alignment. The addition of RSI Divergence serves as the icing on the cake. Once the market reaches my first target, I'll be making the prudent move of shifting my...
the detail is shown in the above Chart. I made this Idea based on Candlestick Analysis and Fibonacci Tool. TSLA sellers were able to break the support line for buyers at the 0.618 gold level. Therefore we can expect that TSLA buyers are ready in level 1.27 and 1.618 and buyers at the level 195 $ were able to rise TSLA price to around level 0.786 ...
This week, GBPAUD introduces an element of confusion into the FX market. On the Daily Chart, two opposing trading setups vie for attention. There's the Bearish Flag Pattern, offering a shorting opportunity, yet simultaneously, a Type2 Bullish Fib3 Bat Pattern emerges. With the right filter, one can discern which trading setup is likely to be the more profitable...
The Bearish Fib-3 Bat formation on the Weekly chart certainly catches the eye, particularly with the presence of a long-shadow candle. However, it's important to acknowledge that the trading setup remains unconfirmed. Waiting for confirmation may entail missing out on potential profits, to the tune of 200 pips. Here are some strategic considerations: Option...
Harmonic bat pattern in 1DTF => Price hits reversal zone => Price near weekly demand zone
USDJPY Weekly Short Trade: Bearish Bat completed US 10 yr Yiled Reversed NFP data is bad Bearish Pin bar Formed Therefore, Short USDJPY TP1: 142.10 TP2: 136.40 TP3: 129.76 TP4: 116 (Long Term Target) Cheers
hello traders what do you think about this analysis gold 🪙🥇 support Levi's?? resistance Levi's?? 👇👇👇🚨 Gold price enjoyed a good two-way price movement on Wednesday, advancing toward the $2,000 mark ahead of the Fed policy announcements, as the US Dollar stalled its recovery mode amid sluggish US Treasury bond yields and a mixed market mood. However, Gold price...
RIL is the process of BAT formation. Above 2495, a bull will take a control and Below 2440, bear is going to take a control. And if bears take a control we can see the stock correcting to almost 2330 levels (a 4.5 % correction) till Mid October'23. Do keep a watch on important levels of the stock
In 1DTF, Harmonic bat pattern formed. Prize hits weekly demand zone.